On with Kara Swisher

Margrethe Vestager Shows Tech Gatekeepers The Door

Mar 18, 2024

Margrethe Vestager, Executive Vice President of the European Commission, has been a formidable force in regulating Big Tech. She discusses her optimism about technology while enforcing stringent EU regulations like the Digital Markets Act. Vestager details the recent $2 billion fine on Apple and examines the balance between safety and innovation. The conversation also touches on the implications of the upcoming AI Act and reflects on her future after her term ends, providing insights into the evolving regulatory landscape.

51:20

Episode guests

Margrethe Vestager

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Margrethe Vestager balances tough tech regulation with optimism for tech's potential.

EU's Digital Markets Act and Digital Services Act prioritize fair competition and consumer protection.

Global collaboration essential for AI regulations and ensuring ethical tech practices.

Deep dives

Mercury: Effortless Banking for Startups

Mercury offers banking and credit cards tailored for ambitious startups, providing precision, control, and security. Their services, like Smarter Checking and Savings Accounts, optimize cash flow and save time in financial tasks. Over 100,000 startups trust Mercury to enhance their financial operations.

Intro

2min

Navigating Tech Regulation: Politics and Human Behavior

4min

The Transformative Power of Technology for Humanity

2min

Regulating Tech Giants: A New Era

16min

Navigating Fines and Regulatory Challenges in Tech

3min

Challenges and Confidence in Tackling Tech Giants

4min

Understanding the Digital Services Act

7min

Navigating Misinformation and AI Regulations

14min

Regulatory Insights and the Positive Role of Technology

2min

For the past decade, the European Commission has taken on Big Tech under the leadership of Executive Vice President Margrethe Vestager, inspiring fear and griping from tech CEOs the world over. Today, Vestager reveals why, despite being one of the toughest regulators in the business, she considers herself a tech optimist. She and Kara discuss the impact of EU antitrust lawsuits - including the most recent $2 billion fine against Apple - whether EU tech regulations passed to improve safety and competition (the Digital Markets Act and the Digital Services Act) could hamper innovation, and if guardrails created for the future (the AI Act) might come too late. Plus: what’s next for Vestager when her term ends this year?

Questions? Comments? Email us at on@voxmedia.com or find us on social media. We’re on Instagram/Threads as @karaswisher and @nayeemaraza

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On with Kara Swisher

Margrethe Vestager Shows Tech Gatekeepers The Door

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Mercury: Effortless Banking for Startups

AI Integration for Business Innovation

Insight from Margreta Vestier, European Commission Executive VP

Technology Impacting Social Good

EU's Regulatory Approach to Tech Giants

Remember Everything You Learn from Podcasts